| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1,576 | 1,370 | +15.0% |
| EBITDA | 90.7 | 99.8 | −9.1% |
| EBITDA margin | 5.8% | 7.3% | −1.5 pts |
| Profit before tax | 60.2 | 71.8 | −16.1% |
| Net profit | 38.3 | 50.8 | −24.5% |
| EPS | ₹9.47 | ₹12.53 | −24.4% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 4,300 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 381 | 382 | 311 | 296 | 165 | ||
| 0.0 | 0.0 | 0.0 | — | 7.4 | ||
| 16.0 | 16.0 | 98.5 | 69.4 | 204 | ||
| 3,935 | — | — | — | — | ||
| 6,071 | 5,619 | 5,092 | 4,438 | 4,195 | ||
| — | +10.4% | +14.7% | +5.8% | — | ||
| 335 | 318 | 302 | 217 | 163 | ||
| 5.5% | 5.7% | 5.9% | 4.9% | 3.9% | ||
| 207 | 196 | 171 | 92.7 | 41.3 | ||
| 148 | 144 | 119 | 50.4 | 14.9 | ||
| 2.4% | 2.6% | 2.3% | 1.1% | 0.4% | ||
| ₹35.85 | ₹34.78 | ₹28.81 | ₹12.20 | ₹3.62 | ||
| — | +20.7% | +136.1% | +237.1% | — | ||
| — | 299 | 118 | 351 | 106 | ||
| — | −109 | −106 | −65.1 | −66.6 | ||
| 190 | 190 | 11.6 | 285 | 38.9 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 4,299.7 | |
| - Cash, Equiv & ST Investments | 165.2 | 296.0 | 311.2 | 382.3 | 380.9 | |
| + Minority Interest | 7.4 | — | 0.0 | 0.0 | 0.0 | |
| + Total Debt | 204.1 | 69.4 | 98.5 | 16.0 | 16.0 | |
| Enterprise Value | — | — | — | — | 3,934.9 | |
| Revenue | 4,195.0 | 4,437.8 | 5,091.7 | 5,619.5 | 6,071.3 | |
| Growth %, YoY | — | +5.8 | +14.7 | +10.4 | — | |
| EBITDA | 162.8 | 217.1 | 302.4 | 318.1 | 334.7 | |
| Margin % | 3.88 | 4.89 | 5.94 | 5.66 | 5.51 | |
| EBIT | 41.3 | 92.7 | 170.5 | 196.0 | 207.1 | |
| Net Income | 14.9 | 50.4 | 118.9 | 143.6 | 148.0 | |
| Margin % | 0.36 | 1.13 | 2.34 | 2.55 | 2.44 | |
| EPS, Adj (current shares) | 3.62 | 12.20 | 28.81 | 34.78 | 35.85 | |
| Growth %, YoY | — | +237.1 | +136.1 | +20.7 | — | |
| Cash from Operations | 105.5 | 350.6 | 118.0 | 299.0 | — | |
| Capital Expenditures | -66.6 | -65.1 | -106.4 | -109.0 | — | |
| Free Cash Flow | 38.9 | 285.5 | 11.6 | 190.1 | 190.1 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
IFB Industries (NSE: IFBIND) had a market capitalisation of ₹4,328 crore at the 29 October 2026 close (₹1,048.40 a share), a PE ratio of 29.2 on the last four quarters' profit and a price-to-book ratio of 4.02. In FY26 its consolidated net profit was ₹144 crore on revenue of ₹5,619 crore; in Q2 FY27 (July–September 2026) it was ₹38.3 crore, down 24.5% year on year. Its debt-to-equity ratio was 0.01 on 30 September 2026. Promoters held 74.96% of the shares on 30 September 2026.
IFB Industries' PE ratio is 29.2 at the 29 October 2026 close (₹1,048.40 a share): a market capitalisation of ₹4,328 crore divided by consolidated net profit of ₹148 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹144 crore) it is 30.1.
IFB Industries' debt-to-equity ratio was 0.01 on 30 September 2026: borrowings of ₹10.9 crore against total equity of ₹1,076 crore. A year earlier, on 30 September 2025, it was 0.02.
IFB Industries' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,076 crore on 30 September 2026, up 16.5% from ₹923 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹4,328 crore at the 29 October 2026 close.
IFB Industries' price-to-book (PB) ratio is 4.02 at the 29 October 2026 close: a market capitalisation of ₹4,328 crore divided by shareholders' equity (book value) of ₹1,076 crore on 30 September 2026. That is a book value of ₹260.60 per share against a share price of ₹1,048.40.
In FY26, IFB Industries' return on equity (ROE) was 15.6% and its return on capital employed (ROCE) was 16.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 15.3% and ROCE 16.8%.
IFB Industries' book value per share was ₹260.60 on 30 September 2026: shareholders' equity of ₹1,076 crore divided by the 4.13 crore shares in issue, up 16.5% from ₹223.68 a year earlier. The share price at the 29 October 2026 close was ₹1,048.40.
IFB Industries' market capitalisation was ₹4,328 crore at the 29 October 2026 close: 4.13 crore shares at ₹1,048.40 each.
No. IFB Industries had borrowings of ₹10.9 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.01. Its cash and current investments were ₹381 crore, so it held net cash of ₹371 crore.
IFB Industries' basic earnings per share (EPS) were ₹35.43 in FY26, against ₹29.35 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹36.53.
Promoters held 74.96% of IFB Industries on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, IFB Industries generated ₹299 crore of cash from operations and spent ₹109 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹190 crore. In FY25 it was ₹11.6 crore.
IFB Industries has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On 30 September 2026, IFB Industries' shares were held by promoters 74.96%, foreign portfolio investors (FII/FPI) 0.76%, domestic institutions (DII) 5.59% (including mutual funds at 4.71%) and retail and other non-institutional investors 18.68%. Over the year, FII holding was down 0.16 percentage points from 0.92% and DII holding was down 0.63 percentage points from 6.22%.
IFB Industries' latest results are for Q2 FY27 (July–September 2026), filed on 27 October 2026: consolidated net profit ₹38.3 crore, down 24.5% from ₹50.8 crore in Q2 FY26; revenue from operations ₹1,576 crore, up 15.0% year on year.
At the 29 October 2026 closing prices, on FY26 net profit, IFB Industries' PE ratio is 30.1, the lowest of the four: Whirlpool of India 35.5, Voltas 91.6 and Blue Star 65.2, a peer average of 64.1. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26 (April 2025–March 2026), IFB Industries' consolidated net profit was ₹144 crore, up 20.7% from ₹119 crore in FY25, on revenue from operations of ₹5,619 crore (up 10.4%). Over three years, from FY23, net profit was up 860.9%.
On FY26 consolidated figures, against Whirlpool of India, Voltas and Blue Star: IFB Industries' operating margin of 3.5% is the third highest of the four (Whirlpool of India 3.4%, Voltas 4.0%, Blue Star 6.1%; peer average 4.5%); its return on equity of 15.6% is the second highest of the four (Whirlpool of India 7.2%, Voltas 5.8%, Blue Star 16.3%; peer average 9.8%); its revenue growth over three years of 10.2% a year is the third highest of the four (Whirlpool of India 6.4% a year, Voltas 14.5% a year, Blue Star 15.9% a year; peer average 12.2% a year).
In FY26, IFB Industries earned net profit of ₹144 crore on revenue of ₹5,619 crore, against ₹294 crore on ₹8,034 crore for Whirlpool of India. IFB Industries' operating margin was 3.5% (Whirlpool of India 3.4%) and its return on equity 15.6% (Whirlpool of India 7.2%). At the 29 October 2026 close, IFB Industries' market capitalisation was ₹4,328 crore against ₹10,431 crore for Whirlpool of India, and its PE ratio on FY26 profit 30.1 against 35.5.
From IFB Industries' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.